Daily Digest: ETH ETF sees another significant inflow, BlackRock's IBIT surpasses $40 billion in scale

According to Farside Investor data, the net inflow of SpotBTC ETF in the United States was 514.43 million US dollars yesterday, with 2.35 billion US dollars flowing into iShares by BlackRock IBIT, 1.86 billion US dollars flowing into Fidelity FBTC, and 61.3 million US dollars flowing into Grayscale Bitcoin Trust.

Yesterday, the US ETH spot ETF received a net inflow of $111 million, once again recovering a large amount of capital. Among them, Fidelity FETH received a net inflow of $101 million, Bitwise ETHW received a net inflow of $13 million, and BlackRock ETHA data has not been updated yet.

After the release of the US CPI, the probability of a 25 basis point rate cut by the Federal Reserve in December has risen to 75.7%.

According to CME's "Fed Watch" data, the probability of the Fed maintaining the current interest rate in December is 24.3%, while the probability of a cumulative 25 basis point interest rate cut is 75.7% (before the CPI announcement, the probabilities were 37.9% and 62.1% respectively).

The probability of maintaining the current Intrerest Rate unchanged until January next year is 16.5%, the probability of a cumulative decrease of 25 basis points is 59.2%, and the probability of a cumulative decrease of 50 basis points is 24.3% (before the release of CPI, the probabilities were 26.5%, 54.9%, 18.6% respectively).

AP: The official theme song of Thai internet celebrity Hippo Moo Deng has been released in Thai, Chinese, English, and Japanese versions

According to the Associated Press, Khao Kheow Open Zoo in Chonburi, Thailand, has released a theme song for the viral river hippopotamus, Moo Deng.

It is reported that this 50-second cheerful song 'Moodeng Moodeng' has versions in Thai, English, Chinese, and Japanese. The lyrics are simple and easy to understand, such as 'Moo Deng Moo Deng, boing boing boing/Mommy mommy, play with me'. The music video of this song consists of short clips of hippos jumping, playing with the caretakers, or playing with Mommy Jona.

The hippopotamus, now four months old, has attracted a large number of tourists to the zoo, which is about a two-hour drive from the capital, Bangkok. The zoo estimates that it has received an average of 3,000 to 5,000 visitors per day in the past few months, and the zoo also sells clothing, bedding, and other products based on Moo Deng.

BlackRock's IBIT assets surpassed $40 billion within 211 days, setting a historic new record with a huge advantage

Bloomberg News ETF analyst Eric Balchunas posted on social media that the assets under management of the BlackRock IBIT reached the $40 billion mark within 211 days of its launch (just two weeks after reaching $30 billion), breaking the previous record of 1,253 days held by IEMG (BlackRock's emerging market ETF issuance).

Currently, IBIT ranks in the top 1% in the asset scale ranking of all ETFs, and the asset scale is larger than all 2,800 ETFs launched in the past ten years within 10 months of its launch.

Market Analysis: PNUT leads the market with a 400% increase in intraday gains, while POPCAT continues to hit new all-time highs.

Market Hotspots

Meme zone's popular coins such as PEPE, POPCAT, MOG, WIF, etc., have experienced significant increases. PEPE has been listed on a Korean exchange, and its market capitalization once exceeded 10 billion USD; POPCAT has surpassed 1.85 USD, hitting a new all-time high, making it the highest market capitalization meme coin at present.

PNUT, MOODENG and other newly popular meme coins have also experienced a significant rise. PNUT surged 400% in a single day, and was referred to by Musk as a symbol of saving America. He mentioned PNUT multiple times on Twitter, causing its market cap to increase fivefold to $2.5 billion. MOODENG is a Thai internet-famous hippopotamus meme, with a 15% rise in 24 hours, and a current circulating market cap of $320 million.

Market Trend

BTC broke through $93,000, setting a new historical high, and is currently adjusting around $89,500. BTC ETF continues to have large net inflows, and the future of BTC is still promising.

ETH is still consolidating around $3200. ETH ETF has started to see large inflows, indicating a reversal in the fund's downtrend;

VC coins in Altcoin generally pullback, only popular coins in the meme zone pump strongly, PNUT leads the market with a 400% intraday gain;

Macro News: The US stock market is mixed, and the probability of the Fed cutting interest rates has risen to 82.5%

The three major US stock indexes have different rises and falls, with the S&P 500 rising by 0.02% to 5985.38 points; the Dow Jones rising by 0.11% to 43958.19 points; and the Nasdaq falling by 0.26% to 19230.72 points. The benchmark 10-year US Treasury yield is 4.44%, and the 2-year US Treasury yield, which is most sensitive to the Federal Reserve's Interest Rate policy, is 4.27%.

According to data released by the US Bureau of Labor Statistics on Wednesday, the core Consumer Price Index (CPI), which excludes food and energy costs, rose by 0.3% for three consecutive months, with a year-on-year increase of 3.3%. The data shows that the annual rate of CPI recorded 2.6%, in line with expectations and higher than the previous value of 2.4%, reaching a high point in three months, ending the previous trend of 'six consecutive declines'; the seasonally adjusted CPI for October recorded a monthly rate of 0.2%, consistent with expectations and the previous value.

The Wall Street Journal pointed out that despite the stabilization of inflation data, it still seems possible for Fed officials to cut interest rates by another 25 basis points at the last meeting of the year next month. This is primarily because, despite all the ups and downs, inflation still appears to be cooling. In addition, there is still a certain degree of 'catch-up inflation' in the data.

Author: Icing This article only represents the author's point of view and does not constitute any trading advice. This article is original, and the copyright belongs to Gate.io. If you need to reprint, please indicate the author and source, otherwise legal responsibilities will be pursued.